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Record year brings Target Partners’ portfolio market cap to over EUR1 billion

German technology venture capital investor Target Partners saw record portfolio fundraising results in 2017 with the startups financed by the firm raising more than EUR110 million in 25 financing rounds.

The total market cap of the Target Partners portfolio increased by EUR450 million and now exceeds EUR1 billion for the first time.
“Consumer-related startups historically got a lot of attention in Germany. Now, however, innovative technology startups are the ones shaping the future of our industry. Tech startups and tech venture capital are on the rise”, says Berthold von Freyberg, Partner and co-founder of Target Partners.
Target Partners focuses on German tech startups, supports them to expand globally and co-invests with renowned international investors on a regular basis. In the past year, its German-born portfolio companies, like Dedrone, Instana or Swarm64, raised investments in the double digit EUR millions with participation of global VCs such as Accel, Menlo Ventures, and Intel Capital, the investment arm of the world’s biggest chip maker.
“We see significant international VC participation in Germany for tech startups at the growth stage. It is no longer a question of whether Germany can become a major tech hub, but rather whether it will become the Number One European startup destination,” adds von Freyberg.

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